The Simple Dollar
Very good website. An excellent resource. Well worth visiting for the many fantastic articles.
http://www.thesimpledollar.com/
I have listed the links to some below:
If You Buy When The Market Is Down, When Do You Sell?
The Intelligent Investor: The Investor and Market Fluctuations
Should You Follow An Investment Strategy If It Makes You Uncomfortable? I Say Never
The Stock Market Is Way Down This Year… Here’s Another Way To Think About It
(A down market isn’t a time to sell. It’s a time to buy. Look at it this way, though. You’re already stuck with this loss - there’s no way of getting out of it. On the other hand, you’re currently holding an investment that’s at a discounted value. If you’re investing for the long term - and if you’re in stocks, this really should be a long term investment - then you need to hold onto that stock, not sell. By selling it now, you’re basically asking someone else to come in and take that discounted investment from you at a nice bargain price. In the end, keep one thing in mind: stocks are a long term investment and if you sell based on what the price is doing today, this week, this month, or even this year, you’re asking for a smarter and more patient investor to take your money. Don’t sell any investment unless you have a reason for selling it, a reason not based on that day’s price.)
Basic Investing In A Down Market (Or Any Time You Feel Nervous)
The One Hour Project: Thoroughly Research A Stock
Mutual Funds Versus Individual Stock Picking: Which Is Right For You?
Two Commenters Disagree: Why Risk Is Interesting
Personal risk vs. Investment risk. What’s the point? Risk comes in a lot of different forms, and different forms of that risk monster scare different people. Any financial move you make has several aspects of risk to it. The key is to find the moves that have the least risk for you, and I think for Tristan and John, those moves in terms of a mortgage would be very different.
What To Do If You Disagree With The Simple Dollar - Or Any Other Financial Guru
Do your own research. I do some posts on basic personal finance analysis and link to other tools here and there - those are so you can look at a piece of advice yourself if you want to and decide whether it’s right and you agree with it. If you don’t understand how something works, ask - if you don’t think a number comes out right in an article, try to figure it yourself. You’ll do nothing but improve your own understanding.
Recognize that no one is absolutely right. Absolute correctness doesn’t exist in this world. If you find yourself completely disavowing someone because you disagree on a point or two with that person, you’re going to have a hard time finding someone who you can talk to, listen to, and exchange ideas with. Accept that no one is absolutely right - including yourself - and be open to new ideas.
Personal Finance Boils Down To Just Two Things…
The Bogleheads’ Guide to Investing: Chapters 1 - 8
Why You Should Calculate Your Net Worth
Nine Reasons I Keep Reading Personal Finance Books
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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